Hyperliquid data shows that HYPE is currently reported at 17.37 USDC, with a 24-hour increase of 29.11%.

According to documents filed with the U.S. SEC on December 11, Bitcoin mining company Riot Platforms has completed the issuance of $525 million worth of senior notes. The notes will mature in 2030, have an interest rate of 0.75%, and are sold only to qualified institutional buyers through private placement. They include terms for conversion into Riot common stock starting in 2029, with the possibility of early conversion under certain conditions. Riot said it plans to use the net proceeds from the offering to purchase additional Bitcoin and for general corporate purposes. Riot recently spent $68.45 million to increase its holdings by 705 BTC, and currently holds more than 12,000 BTC, worth approximately $1.2 billion. This makes Riot the second largest BTC holder among listed mining companies, second only to MARA, which currently holds more than 40,000 BTC. (CryptoSlate)

According to Arkham monitoring, the multi-signature address of Trump's crypto project WLFI currently holds 14,573 ETH (about US$57.03 million), 102.9 CBBTC (about US$10.38 million), 3.108 million USDT, 1.515 million USDC, 41,335 LINK (about US$1.17 million), 3,357 AAVE (about US$1.16 million) and other cryptocurrencies.

Bitget market data shows that GOAT rose briefly to 0.81 USDT and is currently trading at 0.7866 USDT, with a 24-hour increase of 34.69%.

According to Odaily, the Bank of Japan (BOJ) is inclined to keep interest rates unchanged in the upcoming week. This decision reflects the central bank's preference to spend more time assessing overseas risks and gathering insights on next year's wage growth. Such a move could increase the likelihood of a rate hike in the BOJ's meetings scheduled for January or March next year, when more information on wage increases will be available. Insiders familiar with the BOJ's thinking indicate that there is no consensus within the bank regarding the final decision. Some committee members believe that Japan has already met the conditions for a rate hike in December. The decision will largely depend on each member's confidence in Japan's ability to achieve sustained price increases driven by wage growth. The BOJ may also consider a rate hike if upcoming events, such as next week's Federal Reserve meeting, lead to a sharp depreciation of the yen, thereby intensifying inflationary pressures. However, overall, many BOJ policymakers appear to be in no rush to make a move.

According to official news, Cointool has now integrated the OKX DEX API, aiming to provide VIP customers with the Batch Swap function and enjoy the seamless trading experience, low slippage, better quotes, and better liquidity provided by OKX DEX. It is reported that the goal of OKX DEX API is to become the developer's first choice and industry standard by providing the industry's leading API solutions, while promoting the expansion and diversification of the OKX DEX aggregator ecosystem. Cointool is a tool for cryptocurrency trading and management, designed to help users trade, manage, and analyze cryptocurrencies, etc.

According to the official announcement, OKX will soon launch GOAT (Goatseus Maximus), the specific schedule is as follows: GOAT deposit opening time: 2:00 pm, December 12, 2024 (UTC+8) GOAT call auction time: 5:00 to 6:00 pm, December 12, 2024 (UTC+8) GOAT/USDT spot trading opening time: 6:00 pm, December 12, 2024 (UTC+8) GOAT withdrawal opening time: 10:00 pm, December 12, 2024 (UTC+8)

The Bank of Japan is inclined to keep interest rates unchanged next week as policymakers prefer to spend more time examining overseas risks and clues about wage growth next year, five sources familiar with the central bank's thinking said. Any such decision would increase the likelihood of a rate hike at the Bank of Japan's meeting in January or March next year, when there will be more information on wage growth next year. The sources also said there was no consensus within the Bank of Japan on the final decision, and some on the board still believed that Japan had met the conditions for a December rate hike. The decision will depend on each member's belief in the likelihood of Japan achieving sustained wage-driven price increases. The Bank of Japan is also likely to favor a rate hike if upcoming events such as the Federal Reserve's meeting next week trigger another sharp drop in the yen, which in turn increases inflationary pressures. But overall, many Bank of Japan policymakers do not seem to be in a hurry to pull the trigger. (Jinshi)

According to Decrypt, the Australian crypto industry is facing significant backlash following remarks made by Rhys Bollen, the Digital Assets Lead at the Australian Securities and Investments Commission (ASIC). During a liaison meeting, Bollen compared Bitcoin to cigarettes used as currency in prisons while discussing the application of Non-Cash Payment Facility (NCP) legislation to digital assets. This legislation pertains to any payment method not involving physical cash, such as digital wallets, credit cards, and cryptocurrencies. The discussion centered on the use of stablecoins for payments, which ASIC views as triggering an NCP event. However, the broad language of the guidance has raised concerns that any digital asset facilitating payments, including Bitcoin and stablecoins, could be classified under NCP. Bollen acknowledged the complexity of the issue, using a provocative analogy to illustrate his point. He stated, "In theory, almost anything could potentially be used to make a payment to another person. You know, cigarettes are used in prisons as a way of making payments." He further explained that if a product is marketed as having payment as one of its primary uses, it approaches the territory of being considered a financial product. This lack of a clear distinction has led to apprehension among industry leaders, who fear that applying financial regulation to tools like non-custodial wallets or software could stifle innovation and drive businesses out of Australia. Michaela Juric, known as "Bitcoin Babe," criticized the potential implications for widely used crypto tools like MetaMask. She expressed concern that ASIC's interpretation might require MetaMask to obtain an Australian Financial Services Licence (AFSL) to offer its services to Australian users. Juric warned that imposing financial regulation and licensing obligations on software could exacerbate the existing trend of products and services leaving Australia. Earlier this month, ASIC released the INFO-225 consultation paper, proposing updated guidance for compliance with the Corporations Act. This document includes examples of how digital assets like stablecoins, staking services, and tokenized securities could be classified as financial products. Australia has been tightening its grip on crypto regulation, with ASIC and the government implementing various measures to control the growing sector. ASIC has encouraged crypto companies to apply for an AFSL, offering a grace period from legal action during the application process. However, companies must justify their decision if they choose not to apply. In October 2023, the Australian Treasury released a consultation paper proposing to regulate digital asset intermediaries under the existing financial services licensing framework. This proposal aims to address consumer harms while supporting innovation within the crypto ecosystem. ASIC has also revised Regulatory Guide 133 (RG 133) with new requirements for crypto custody, including enhanced security protocols and stricter risk management processes. Public feedback on INFO-225 remains open until February 2025, with finalized guidance expected later that year.

Tron [TRX] recently hit a new ATH after a strong rally. Will it sustain momentum, or is a correction likely? source: https://ambcrypto.com/all-about-trxs-latest-pullback-after-altcoin-hits-new-ath-on-the-charts/

Google introduced Gemini 2.0, its most advanced multimodal AI, designed for versatile tasks with unmatched capability. Wider access is planned for next year, marking a leap in AI innovation.

A Florida mother sued Character.AI, claiming its chatbot encouraged her son's suicide, sparking broader concerns. Two Texas families have now filed lawsuits, alleging the app harmed their children through psychological abuse and exposure to sexualised content.

Tesla and SpaceX boss Elon Musk's net worth has officially exceeded $400 billion, setting a new record for the world's richest person according to the Bloomberg report.

Google has several experimental AI assistant projects that do different things, like helping users play video games and conduct in-depth research.

Crypto phishing scams are growing more advanced, using social engineering and malware to exploit social media users. Scam Sniffer reports attackers impersonate crypto influencers and use bots to mimic verification, raising the pressing question: Are scams evolving faster than we can fight them?

Once primarily used for cryptocurrency trading, stablecoins have now become versatile tools for everyday use cases, providing broad utility to the crypto-native ecosystem and TradFi.

Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.

Riot Platforms completes $525 million note issuance, fully increasing BTC acquisition Golden Finance, these notes are privately issued to institutional investors

Japan is set to launch its first cryptocurrency-backed credit card in 2025, a partnership between Slash Vision Labs and a major Japanese credit card issuer. This development signals Japan's increasing adoption of Web3 technologies and raises the question: Will 2025 be the year cryptocurrencies go mainstream?

What is the power of the Willow chip? How far is it from mass production?